51job (NASDAQ: JOBS) posted 130,000 positions across the nation February 22-28, up 40% from the same period in 2009 and taking the current total number of positions on its website to 1.35 million, China's largest human resource service provider said Thursday in a post-new year report. Most positions are in the software, textile/garment, real estate, trade an...

The advisors attending the annual session of the People's Political Consultative Congress that advises the government on how to run the nation have proposed raising the national average taxable threshold for personal income to ¥5,000 ($1 = ¥6.83) a month from ¥2,000. The current level was raised two years ago from ¥1,600. Jia Qinglin, chairma...

Giant Interactive Group Inc (NYSE: GA), a Shanghai-based game developer and operator, has offered more than ¥200 million ($1 = ¥6.83) to acquire Uuu9.com that provides information on browser games and exchange services, people close to the situation said Thursday. The management of Uuu9 believes there is a bright future for the site, and is hesitant ...

Peng Cheng, product manager of Shanda Games Ltd's (NASDAQ: GAME) massively multiplayer online role-playing game Chuan Qi, has quit the job and joined Giant Interactive Group Inc (NYSE: GA) as vice president, informed sources said Tuesday. He will be in charge of operations of its Zheng Tu 2 and Xian Tu games. Source: http://www.analysys.com.cn/web2007/yjxx_...

Xiamen of southeastern China's Fujian province, produced a ¥18.4 billion ($1 = ¥6.83) software and information technology sector including $60 million worth of outsourcing services, the local foreign investment bureau said Friday. The city is home to 106 outsourcing firms including Longtop Financial Technologies (NYSE: LFT), a software solution provi...

China Unicom (NYSE: CHU, SHA: 600050, HKG: 0762) will talk to Apple to reset the price tags of the iPhone marketed on the mainland, chairman Chang Xiaobing told China Business News Thursday on the sidelines of the ongoing annual session of the nation's political advisory. "They are a bit expensive but we are not the only price setter as it is largely up to A...

Hanting Inns & Hotels has filed an application with the US Securities and Exchange Mission for a NASDAQ listing aimed at raising $50 million. Profiting ¥230 million ($1 = ¥6.8) for 2009, it will be China's third US-listed economy hotel operator after Home Inns & Hotels Management Inc (NASDAQ: HMIN), which went public in 2006, and 7 Days ...

Thirty eight listed Chinese property developers have announced plans for additional offering worth a combined ¥73 billion ($1 = ¥6.83) for 2010. China Vanke Co (SHE: 000002), the nation's biggest developer who booked ¥63.8 billion ($1 = ¥6.83) in revenue last year, attempts to raise ¥11.2 billion from the stock market. It sold 211,000 squ...

L'Oréal may acquire local Chinese brands in 2010 after the country has become its largest Asia-Pacific market and fifth largest global market, CEO Jean-Paul Agon told the National Business Daily Monday. The world's number one cosmetics and beauty company saw its sales in China jump 17.65% to ¥8.18 billion ($1 = ¥6.83) last year lifting its loc...

Shanda Games Ltd (NASDAQ: GAME) is waiting for a good time to announce its purchase of 50% of Ourgame.com, people close to the situation said Tuesday. Ourgame, founded in 1998 as China's earliest site for card and chess games, received ¥45 million ($1 = ¥6.83) in revenue during the fourth quarter of 2009, ranking 12th nationwide with just a 0.6% mark...

Shanghai is looking into introducing an international board for foreign companies seeking listing on the mainland, mayor Han Zheng said Sunday during an interview after the annual session of the National People's Congress. He did not give a timetable. Separately, Han disclosed it would take five to six years to complete the first phase of the Shanghai Disney...

Giant Interactive Group Inc (NYSE: GA), a Shanghai-based online game operator, has reached a preliminary agreement with movie maker HBMC (SHE: 300027) for movies starring characters of its games, Giant Interactive chairman Shi Yuzhu told the National Business Daily Tuesday. It is a just a framework deal and we have yet to hammer out further details, said Shi...

Alibaba Group (HKG: 1688), China's top ecommerce service provider, launched its wholesale site 1688.com Monday. More than three million items were traded on the website that attracted 6.39 million hits that day. This daily amount is even larger than the monthly record kept by the world's biggest wholesale market for small goods in Yiwu, Zhejiang province. 16...

The four north-south and four east-west high-speed rail tracks reaching China's most developed and populated regions will enormously impact the aviation business, argued Liu Shaoyong, chairman of China Eastern Airlines Corp (NYSE: CEA, SHA: 600115, HKG: 0670). The eight rail routes will become operational this year, and the area covered by the rail...

Vancl.com has received $10 million in venture capital funding in its fourth round of fundraising, China's largest B2C trading site for garments said Tuesday without mentioning the investor(s). President Chen Nian and co-founder Lei Jun could not be reached for comments. Vancl was evaluated at $100 million after getting $30 million in August 2008 from Qiming ...

The Chinese government is working on quantifying subsidies for individuals who buy vehicles powered by alternative energy, vice finance minister Zhang Shaochun said Monday. In the meantime, industry and information technology minister Li Yizhong stated that it was likely the subsidies may be up to ¥60,000 ($1 = ¥6.83) considering environmental protec...

91huayi.com, a website focusing on medical education and services, has won ¥30 million ($1 = ¥6.8) in strategic investment from Sequoia Capital. It was set up in 2008 with license from the health ministry. Source: http://health.sohu.com/20100309/n270693348.shtml